Special Session New Bills Senate Bill 23B-1: Property tax relief for Colorado homeowners: will reduce the residential assessment rate for the 2023 tax year to 6.7% from 6.765%. Also, homeowners will be able exempt $55,000 of their home’s value from taxation. Senate Bill 23B-2: Opting into a federal food assistance program: will provide up to
Owners Associations and Covenants: Forest Lakes does not have a Property Owners Association. As well, regarding covenants, this last October, the FLMD Board of Directors passed Resolution 2023-05 that contained the following: The Forest Lakes Metropolitan District Board of Directors adopts the following positions: The District does not currently have the legal authority to enforce
Durango City Council approved a modified finance structure for Residences at Durango this month. The project will convert the former 72-room Best Western Motel at 21382 US Highway 160 into affordable housing and construct 48 new units. The development will serve households earning 30% to 60% of the Area Median Income with a mix of
The Durango Planning Commission (PC) recommended approval of the creation of a Community Development Commission (CDC). If approved by City Council, this means reconfiguring the Planning Commission, the Design Review Board, and the Board of Adjustment. The CDC is proposed to have 7 members and one alternate member. The PC also recommended approval to updates
The Community Development Department is proposing to raise building and planning fees, possibly to become effective Jan. 1, 2024. The proposal would raise the cost of a building permit from $1.40 per square foot to $2.25 per square foot. In the case of a 2500 square foot home with a garage, that would be $6500,
Proposition HH is a complex proposal that is on the November ballot. It modifies or reduces taxation rates and exemptions for multiple types of property while at the same time increases taxes by allowing the state to retain more tax revenue. The Colorado Association of REALTORS®, Club 20, and the Durango Chamber of Commerce Board
The Gauge Apartments at 1275 Escalante Drive will include 89 multi-family apartments which are scheduled to be finished in August. Fourteen of the units – one and two-bedroom – will be rented below market on a first come first serve basis. Applications can be submitted online at www.gaugedurango.com or by phone at (970) 730-2523.
Representative Barbara McLachlan and Senator Jeff Bridges visited Durango on a listening tour about housing. They visited Dove Creek, Cortez, Mancos, Durango, Silverton, Bayfield and Pagosa Springs. In Durango, Bridges and McLachlan heard from city and La Plata County elected officials and city staff about local housing issues. Durango City Councilor Melissa Youssef called the
If the Board of County Commissioners decides to regulate Short Term Rentals (STRs) in the unincorporated county, it won’t happen this year, since the County staff is focused on standing up a new health department by January 1st. La Plata County hired a company to survey residents to determine whether STRs are a problem in
On August 17th, the Colorado Air Quality Control Commission members approved the state’s first building performance standards, setting requirements for large property owners to cut energy usage and greenhouse gas emissions. The building performance standards mandate a 7% reduction in greenhouse-gas emissions from the sector by 2026 and a 20% reduction by 2030. They apply